Closing Sale Price Definition Example with 70 Variations

Closing Sale Price. For means, for any security as of any date, (i) the last closing trade price for such security on the Principal Market, Trading Market for such security, as reported by Bloomberg, Bloomberg Financial Markets, or, if the such Principal Trading Market begins to operate on an extended hours basis and does not designate the closing last trade price, then the last trade price of such security immediately prior to 4:00 p.m., P.M., New York City time, as reported by Bloomberg, Bloomberg Financial... Markets, or (ii) if the foregoing does do not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) Bloomberg Financial Markets, or, if no last trade price is reported for such security by Bloomberg, Bloomberg Financial Markets, the average of the bid and ask prices of any market makers for such security as reported on OTC Pink (also known as the "pink sheets") by the OTC Markets. Markets, Inc. If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then the Board of Directors of the Company shall use its good faith judgment to determine the fair market value of such security on such date. The Board of Directors' determination shall be binding upon all parties absent demonstrable error. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. View More

Closing Sale Price. For for any security as of any date, (i) the last closing trade price for such security on the Principal Market, Trading Market for such security, as reported by Bloomberg, Bloomberg L.P. ('Bloomberg'), or, if the such Principal Trading Market begins to operate on an extended hours basis and does not designate the closing last trade price, then the last trade price of such security immediately prior to 4:00 p.m., P.M., New York City time, as reported by Bloomberg, or (ii) if the foregoing does do not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) or, if no last trade price is reported for such security by Bloomberg, the average of the bid and ask prices prices, of any market makers for such security as reported in the 'pink sheets' by the OTC Markets. Markets Group Inc. (or a similar organization or agency succeeding to its function of reporting prices) If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then the board of directors of the Company (the 'Board of Directors') shall use its good faith judgment to determine the fair market value of such security on such date. The Board of Directors' determination shall be binding upon all parties absent demonstrable error. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. View More

Closing Sale Price. For for any security as of any date, (i) the last closing trade price for such security on the Principal Market, Trading Market for such security, as reported by Bloomberg, Bloomberg L.P., or, if the such Principal Trading Market begins to operate on an extended hours basis and does not designate the closing last trade price, then the last trade price of such security prior to 4:00 p.m., P.M., New York City time, as reported by Bloomberg, Bloomberg L.P., or (ii) if the foregoing does security... is not apply, listed for trading on a national securities exchange or other trading market on the relevant date, the last trade quoted bid price of such for the security in the over-the-counter market for such security on the relevant date as reported by Bloomberg, OTC Markets Group Inc. (or a similar organization or (iii) if no last trade price is reported for such security by Bloomberg, the average agency succeeding to its functions of the bid and ask prices of any market makers for such security as reported by the OTC Markets. reporting prices). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then the Board of Directors of the Company shall use its reasonable good faith judgment to determine the fair market value. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. View More

Closing Sale Price. For for any security as of any date, (i) the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or (ii) trading market for such security, the last trade... price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) or, if no last trade price is reported for such security by Bloomberg, the average of the bid and ask prices of any market makers for such security as reported in the pink sheets by the OTC Markets. Markets Group Inc. (formerly Pink Sheets LLC). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 12. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. such period View More

Closing Sale Price. For means, for any security as of any date, (i) the last closing trade price for such security on the Principal Market, Trading Market for such security, as reported by Bloomberg, Bloomberg Financial Markets, or, if the such Principal Trading Market begins to operate on an extended hours basis and does not designate the closing last trade price, then the last trade price of such security prior to 4:00 p.m., P.M., New York City time, as reported by Bloomberg, Bloomberg Financial Markets, or (ii)... if the foregoing does do not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) Bloomberg Financial Markets, or, if no last trade price is reported for such security by Bloomberg, Bloomberg Financial Markets, the average of the bid and ask prices prices, of any market makers for such security as reported in the pink sheets by the OTC Markets. Pink Sheets LLC. If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then the Board of Directors of the Company shall use its good faith judgment to determine the fair market value. The Board of Directors determination shall be binding upon all parties absent demonstrable error. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. View More

Closing Sale Price. For for any security as of any date, (i) the last closing bid price and last closing trade price price, respectively, for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing bid price or the closing trade price, as the case may be, then the last bid price or the last trade price price, respectively, of such security prior to 4:00 4:00:00 p.m., New York time, as reported by... Bloomberg, or, if the Principal Market is not the principal securities exchange or (ii) trading market for such security, the last closing bid price or last trade price, respectively, of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does do not apply, the last closing bid price or last trade price price, respectively, of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) or, if no closing bid price or last trade price price, respectively, is reported for such security by Bloomberg, the average of the bid and prices, or the ask prices prices, respectively, of any market makers for such security as reported by on the OTC Markets. Pink marketplace operated by OTC Markets Group Inc. If the Closing Bid Price or the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Bid Price or the Closing Sale Price Price, as the case may be, of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. period View More

Closing Sale Price. For means, for any security as of any date, (i) the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, price then the last trade price of such security prior to 4:00 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or (ii) trading market for such security, the... last trade price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does do not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) or, if no last trade price is reported for such security by Bloomberg, the average of the bid and ask prices of any market makers for such security as reported by in the OTC Markets. Link or "pink sheets" by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11. All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination combination, reclassification or other similar transaction during the applicable calculation period. View More

Closing Sale Price. For for any security as of any date, (i) the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or (ii) trading market for such security, the last trade... price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) or, if no last trade price is reported for such security by Bloomberg, the average of the bid and ask prices of any market makers for such security as reported in the pink sheets by the OTC Markets. Markets Group Inc. (formerly Pink Sheets LLC). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 13. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. such period View More

Closing Sale Price. For for any security as of any date, (i) the last closing bid price and last closing trade price price, respectively, for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing bid price or the closing trade price, as the case may be, then the last bid price or the last trade price price, respectively, of such security prior to 4:00 4:00:00 p.m., New York time, as reported by... Bloomberg, or, if the Principal Market is not the principal securities exchange or (ii) trading market for such security, the last closing bid price or last trade price, respectively, of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does do not apply, the last closing bid price or last trade price price, respectively, of such security in the OTCQB® trading market operated by The OTC Markets Group, or the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) or, if no closing bid price or last trade price price, respectively, is reported for such security by Bloomberg, the average of the bid and prices, or the ask prices prices, respectively, of any market makers for such security as reported in the "pink sheets" by the OTC Markets. Markets Group Inc. If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price Price, as the case may be, of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. period View More

Closing Sale Price. For for any security as of any date, (i) the last closing bid price and last closing trade price price, respectively, for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing bid price or the closing trade price, price (as the case may be) then the last bid price or last trade price price, respectively, of such security prior to 4:00 4:00:00 p.m., New York time, as reported by... Bloomberg, or, if the Principal Market is not the principal securities exchange or (ii) trading market for such security, the last closing bid price or last trade price, respectively, of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does do not apply, the last closing bid price or last trade price price, respectively, of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) or, if no closing bid price or last trade price price, respectively, is reported for such security by Bloomberg, the average of the bid and prices, or the ask prices prices, respectively, of any market makers for such security as reported in the pink sheets by OTC Markets Group Inc. (formerly Pink Sheets LLC). If the OTC Markets. If Closing Bid Price or the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Bid Price or the Closing Sale Price (as the case may be) of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 24. All such determinations to shall be appropriately adjusted for any stock dividend, splits, stock split, dividends, stock combination combinations, recapitalizations or other similar transaction transactions during the applicable calculation period. such period View More